HOUSTON, April 29, 2013 /PRNewswire/ -- Invesco US announced today a comprehensive Age of Income focus designed to help financial advisors guide investors to the right income sources to meet their financial goals.
"With up to 10,000 baby boomers potentially retiring each day for the next 17 years and many other investors building towards retirement or other savings goals, the demand for income is as great as at any time in our nation's history," said Andrew Schlossberg, Head of U.S. Distribution and Global ETFs for Invesco. "Yet this search for yield and income is being conducted in an environment where supply is scarce with interest rates near historic lows. We call this the Age of Income.
"This combination of demographic and economic factors presents a substantial mandate for our industry and Invesco is bringing to bear a variety of investment management capabilities to help address this unprecedented need."An integral component in identifying potential income sources for investors will be Invesco's Intentional Income Finder SM, a proprietary digital program that allows users to answer questions that target specific income needs. Based on the responses, the program will generate a list of asset classes to consider. The program also can provide specific investment options using Invesco's wide range of investment products, spanning multiple asset classes through mutual funds, exchange-traded funds (ETFs) and unit trusts. The tool is available at invesco.com/income and as part of the most recent upgrade of the Invesco US iPad app. Other supporting aspects of the Age of Income include:
- Advisor Business Building Kit
- Intentional Investing in the Age of Income brochure to help enhance income conversations with clients
- Income Handbook featuring Invesco's income-oriented products across mutual funds, ETFs and unit trusts
- Client education on issues surrounding the search for yield
- Public seminar on finding the right income
- Income-oriented investing ideas
- Ongoing Age of Income thought leadership insights – print and video - from Invesco's specialized investment teams.
- Advertising directing financial advisors to the new Intentional Income Finder SM and featuring some of Invesco's income-generating products.